Question

At the break-even point, what are the revenues? (Read the nearest grid line on the y-axis.)

Answer 1

Find out where the lines cross (revenue and cost). Then read over to the y axis. Follow the straight horizontal line.

Answer 2

So they cross at $157,483 then what do i do with that?

Answer 3

that's the revenue (and also the cost). The two are equal here giving you a profit of 0 when you subtract (Revenue - Cost)

Answer 4

Break even point is when profit = 0

or when revenue = cost

Answer 5

Oh okay sorry it came with a formula so i was confused on what to do with it! Thank you for the help

Answer 6

You could use the formula, but the graph is much easier (in my opinion).